The province of Hormozgan will be a major oil center of Iran

December 28th, 2008

Director of the refinery in Bandar Abbas, Ali Reza Amin said that to produce 50 million liters of petrol a day in the neighborhood of the existing refinery built two big plant. (more…)

Libyan National Maritime Transport Company has ordered construction of six new oil tankers

December 28th, 2008

The total value of contracts – $ 400 million. Four South Korean shipbuilders built the ship company Samsung heavy industries, and another two tankers – Japan’s Sasebo heavy industries. (more…)

Uzbekistan halve gas supplies to Tajikistan

December 28th, 2008

Uzbekistan halve gas supplies to Tajikistan. The reason was the debt for gas Tajik side, reached 12 million dollars. Debt to pay for gas have been Dushanbe CHP, as well as “Tadzhiktsement.” (more…)

Kazakhstan elimination of export duties on oil and reduced duty on the export of petroleum products

December 28th, 2008

Kazakhstan cancels with 26 Jan, 2009 export duties on crude oil, said the ruling government, published today in the official media. (more…)

Venezuela over the past 10 years has doubled gas production

December 28th, 2008

The state oil corporation Petroleos de Venezuela (PDVSA) has brought in 2008 natural gas production to 1 billion 540 cubic feet, which is twice the figure a decade ago. (more…)

SOCAR Energy Georgia has acquired 22 distribution companies in Georgia

December 28th, 2008

The company SOCAR Energy Georgia (51% owned Gosneftekompanii Azerbaijan) and the Government of Georgia signed an agreement for the sale of gas distribution companies. (more…)

India has strengthened protection of nuclear power plants in the border with Pakistan state

December 28th, 2008

India has strengthened protection of nuclear power plant, located in the state of Rajasthan, bordering Pakistan. In an emergency, AES would come under the control of Indian troops. (more…)

Crude oil for $ 20 a barrel

December 28th, 2008

Crude oil for $ 20 per barrel cost of oil could fall to $ 20 / barrel. in 2009 due to the fact that global demand is declining faster than production, said CEO of Gulf Oil LP, Joe Petrovski. (more…)

The accident at the heat of Alma-Ata eliminated

December 28th, 2008

More than 240 multi-family housing, 7 kindergartens and 4 schools were without heat due to gust eve of the main heat pipelines in the west of Alma-Ata. (more…)

The biggest Japanese oil company Nippon Oil reduces production

December 28th, 2008

Nippon Oil has confirmed a plan under which it processed in 25% less oil in January, and “a high probability that we will make similar reductions in February and March, said the head of the company Masahito Nakamura. (more…)